“Those Who Follow the Peer-Reviewed Research in This Field Have Known for 39 years Now. We Just Cannot Talk About It Publicly Because It Causes the Buy-and-Holders Too Much Pain to Hear Their Beliefs Challenged.”

Set forth below is the text of a comment that I recently posted to the discussion thread for another blog entry at this site:

Can we trust anything you say when Wade said this:

“ The reality is that you are causing me 1000x more career damage than the Goons ever could have by filling Google with so much nonsense about me….”

Each person is going to have to make up his or her own mind re that one, Anonymous.

Wade really did say the words that you quote him as saying. I give you that one And he really did say the words that I quote him as saying. You are not willing to give me that one. But the reality remains that he really did say all those words.

I think that the bottom line is that people’s willingness to look at both sides will increase following a price crash in which millions of people will lose half of their life savings and hundreds of thousands of businesses will go under and millions of workers will be thrown out of their jobs and political frictions will increase. We know how stock investing works today. Those who follow the peer-reviewed research in this field have known for 39 years now. We just cannot talk about it publicly because it causes the Buy-and-Holders too much pain to hear their beliefs challenged. Will the next price crash cause more of us to come to believe that the pain of experiencing more economic crises is worse than the pain felt by the Buy-and-Holders to hear their beliefs challenged? I believe that it will. But I am not God, I could be wrong.

We are just going to have to wait and see how things play out.

I naturally wish you all the best that this life has to offer a person, in any event.

Rob